Terms of trade adjustment (constant LCU), annual growth rate in Armenia

Armenia: Terms of trade adjustment (constant LCU), annual growth rate was 43.3 % change on previous year in 2025. ◆ Volatile

Latest (2025)
43.3 % change on previous year
Change on year
up 213.7%
World rank
55th
of 178 countries
All-time high
123.19 % change on previous year
in 2010
All-time low
-579.32 % change on previous year
in 2009
Years of data
30
1995–2025

Terms of trade adjustment (constant LCU), annual growth rate in Armenia, 1995–2025

-600-400-20002001995201020251995: -55.2 % change on previous year1996: 5 % change on previous year1997: -2.4 % change on previous year1998: -12.1 % change on previous year1999: 17.5 % change on previous year2000: -16.2 % change on previous year2001: 29.7 % change on previous year2002: 39.9 % change on previous year2003: 25 % change on previous year2004: 9.4 % change on previous year2005: 13.1 % change on previous year2006: -7.3 % change on previous year2007: -32.6 % change on previous year2008: -81.8 % change on previous year2009: -579.3 % change on previous year2010: 123.2 % change on previous year2011: -422 % change on previous year2012: 100 % change on previous year2014: -64.8 % change on previous year2015: -53.1 % change on previous year2016: -30.6 % change on previous year2017: -6 % change on previous year2018: 11.1 % change on previous year2019: -36.3 % change on previous year2020: 40.9 % change on previous year2021: 4.2 % change on previous year2022: -51 % change on previous year2023: -41.1 % change on previous year2024: -38.1 % change on previous year2025: 43.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, terms of trade adjustment (constant lcu), annual growth rate in Armenia stood at 43.3 % change on previous year.

That represents a change of up 213.7% on the previous year and up 181.6% over ten years.

Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Armenia peaked at 123.19 % change on previous year in 2010 and was at its lowest, -579.32 % change on previous year, in 2009.

That places Armenia 55th out of 178 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Terms of trade adjustment (constant LCU), annual growth rate in Armenia, year by year

Annual values for Terms of trade adjustment (constant LCU), annual growth rate in Armenia, 1995 to 2025.
Year % change on previous year Change
1995 -55.23 % change on previous year
1996 5.04 % change on previous year -109.1%
1997 -2.44 % change on previous year -148.3%
1998 -12.11 % change on previous year +397.1%
1999 17.45 % change on previous year -244.2%
2000 -16.16 % change on previous year -192.6%
2001 29.69 % change on previous year -283.7%
2002 39.88 % change on previous year +34.3%
2003 25.04 % change on previous year -37.2%
2004 9.42 % change on previous year -62.4%
2005 13.15 % change on previous year +39.5%
2006 -7.34 % change on previous year -155.8%
2007 -32.62 % change on previous year +344.5%
2008 -81.8 % change on previous year +150.8%
2009 -579.32 % change on previous year +608.2%
2010 123.19 % change on previous year -121.3%
2011 -422.05 % change on previous year -442.6%
2012 100 % change on previous year -123.7%
2014 -64.81 % change on previous year -164.8%
2015 -53.09 % change on previous year -18.1%
2016 -30.65 % change on previous year -42.3%
2017 -5.99 % change on previous year -80.4%
2018 11.08 % change on previous year -284.8%
2019 -36.27 % change on previous year -427.4%
2020 40.89 % change on previous year -212.7%
2021 4.25 % change on previous year -89.6%
2022 -51.03 % change on previous year -1301.8%
2023 -41.12 % change on previous year -19.4%
2024 -38.09 % change on previous year -7.4%
2025 43.3 % change on previous year -213.7%

Armenia compared with similar countries

  • Armenia's 43.3 % change on previous year is above the median for upper middle income countries, which is 4.12 % change on previous year, 10.5× the median. (48 countries reporting)
  • Armenia's 43.3 % change on previous year is above the median for Europe & Central Asia, which is 19.41 % change on previous year, 2.2× the median. (51 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s -9.46 % change on previous year -55.23 % change on previous year 17.45 % change on previous year 5
2000s -60.01 % change on previous year -579.32 % change on previous year 39.88 % change on previous year 10
2010s -42.07 % change on previous year -422.05 % change on previous year 123.19 % change on previous year 9
2020s -6.97 % change on previous year -51.03 % change on previous year 43.3 % change on previous year 6

Countries ranked near Armenia

  1. 52 South Africa 46.05 % change on previous year compare
  2. 53 Panama 45.87 % change on previous year compare
  3. 54 Morocco 45.36 % change on previous year compare
  4. 56 Lebanon 42.94 % change on previous year compare
  5. 57 Italy 41.82 % change on previous year compare
  6. 58 Cambodia 38.76 % change on previous year compare

See the full ranking of 178 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is terms of trade adjustment (constant lcu), annual growth rate in Armenia?
Terms of trade adjustment (constant lcu), annual growth rate in Armenia was 43.3 % change on previous year in 2025, according to Statizoid (derived).
What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Armenia?
The highest recorded value was 123.19 % change on previous year in 2010.
What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Armenia?
The lowest recorded value was -579.32 % change on previous year in 2009.
How does Armenia rank for terms of trade adjustment (constant lcu), annual growth rate?
Armenia ranks 55th out of 178 countries with data for 2025.
Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Armenia?
Over the last ten years it is up 181.6%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Terms of trade adjustment (constant LCU), annual growth rate in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/armenia/

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How this figure is calculated

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Terms of trade adjustment (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
178 places, 7,062 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.